Jumo Receives Up To $750,000 From Omidyar Network

Omidyar Network, a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives, announced earlier this month that it has provided a grant of up to $750K to Jumo, a company that is building a web-based platform for connecting individuals with cause-based organizations.  Jumo's founder is Chris Hughes, who is … Read more

IGNIA Fund I, Latin America’s First Social Venture Capital Fund, Completes Second Closing

IGNIA Fund I, L.P., Latin America's first social venture fund, announced in November that it completed its second closing and now has a total of $34 million in equity commitments.  Investors include the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB), a US family foundation, and European and Latin American individuals. This second … Read more